Banque Saudi Fransi · TADAWUL:1050
Banque Saudi Fransi — Q3 2018 Earnings Presentation
19 slides from Banque Saudi Fransi's earnings presentation, 2018
Slide 1: Years of Excellence
Years of Excellence Col c ? jLi_oJl (jo Banque Saudi
Slide 2: Q3 Results Presentation
Q3 Results Presentation 2
Slide 3: Disclaimer
Disclaimer This presentation is being provided to you for general information purposes. The information contained in the presentation has been obtained from sources believed by Banque Saudi Fransi (“BSF") to be up to date, correct and reliable, but BSF does not make any representation or warranty, e
Slide 4: BSF at a glance
BSF at a glance Approximately 1,000,000 retail clients 3,700 corporate clients 5th largest bank in Saudi Arabia by asset size 6th largest bank in Saudi Arabia by market cap Domestic Systemically Important bank Established in 1977 – a combination of Saudi interests and Banque Indosuez (initially se
Slide 5: BSF Share Profile
BSF Share Profile Shareholding Structure Share Profile Overview Listed on Saudi Arabia’s Stock Exchange (“Tadawul”) Symbol: BSFR Number of shares issued: 1,205 million Market cap (3) : SAR 40.2Bn (USD 10.7Bn) BSF market cap to Saudi banking industry: 6.7% BSF market cap to Saudi Stock Ma
Slide 6: 9M 2018 Results: Key points
9M 2018 Results: Key points • Balance sheet as of 3Q18 stayed flat compared to 2Q18 with total assets of SAR 189Bn. Some liquidity was reallocated from interbank lending (-22% vs 2Q18) to be deployed with the central bank (+19% vs 2Q18) and the investment portfolio (+8% vs 2Q18) • Net loans increase
Slide 7: Balance Sheet Highlights
Balance Sheet Highlights Composition of BSF assets SAR Mn 2015 2016 2017 1Q18 2Q18 3Q18 3Q18/2Q18 Total Assets 183,724 203,429 192,929 184,018 188,918 189,301 0.2% 1.0% Loans and advances, net 123,769 129,458 121,940 123,883 122,811 123,704 0.7% 15.6% Customer deposits - which include: 141,852 158,4
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights Total Assets (SAR Bn) Total Equity (SAR Bn) CAGR 2012 – 3Q18: 3% CAGR 2012 -3Q18: 6% 203.4 188.8 192.9 188.9 189.3 31.7 31.7 32.1 31.8 183.7 184.0 29.7 170.1 27.5 157.8 26.5 22.7 23.2 +0.2% Q/Q -0.8% Q/Q -6.1% Y/Y +0.9% Y/Y 2012 2013 2014 2015 2016 2017 1Q18 2Q18 3Q 18 2012
Slide 9: Income Statement Highlights
Income Statement Highlights SAR Mn 2015 2016 2017 9M17 9M18 Y/Y Net Interest Income (SAR Mn) Net interest income 4,055 4,256 4,700 3,486 3,770 8.1% 1,256 1,252 1,261 1,207 1,214 Non-interest income 2,236 2,144 1,876 1,470 1,336 -9.1% Revenues 6,291 6,400 6,576 4,957 5,106 3.0% 3Q 2017 4Q 2017 1Q 201
Slide 10: Segmental Performances (by business)
Segmental Performances (by business) Corporate Banking 45% Of Bank revenues In SAR Mn 2015 2016 2017 9M17 9M18 Y/Y Total assets 110,466 116,505 107,093 114,276 107,144 -6.2% Revenues 3,058 3,103 3,001 2,273 2,290 0.8% Operating expenses 576 598 580 451 484 7.4% Impairment charges 144 689 527 65 234
Slide 11: Segmental Performances (by business)
Segmental Performances (by business) Retail Banking 25% Of Bank revenues In SAR Mn 2015 2016 2017 9M17 9M18 Y/Y Total assets 15,978 16,500 17,791 17,920 18,983 5.9% Revenues 1,506 1,491 1,553 1,179 1,277 8.2% Operating expenses 1,050 1,110 1,170 893 852 -4.5% Impairment charges 37 80 134 78 91 16.8%
Slide 12: Segmental Performances (by business)
Segmental Performances (by business) Global Markets and ALM 26% Of Bank revenues In SAR Mn 2015 2016 2017 9M17 9M18 Y/Y Total Assets 55,694 69,346 66,836 68,200 61,803 -9.4% Revenues 1,406 1,531 1,759 1,314 1,336 1.7% Operating expenses 251 246 474 237 277 17.3% Impairment charges - - - 3.5 - - Shar
Slide 13: Profitability & Efficiency
Profitability & Efficiency Net Interest Income (SAR Mn) Revenue & Operating Expense (SAR Mn) 4,700 6,576 6,291 6,400 4,256 4,055 3,770 3,486 4,957 5,106 2.74% 2.87% 2.41% 2.44% 2.55% 2,387 2.63% 2,093 2,149 2.24% 2.26% 2.42% 2.40% 1,706 1,745 2015 2016 2017 9M17 9M18 2015 2016 2017 9M17 9M18 Net int
Slide 14: Loan Portfolio Breakdown
Loan Portfolio Breakdown Net Loans, NPL & Coverage Ratios (SAR Mn) Cost of Risk, Impairment Charge (SAR Mn) 129,458 123,769 121,940 123,704 768 661 2.73% 207.0% 0.59% 2.19% 0.51% 176.0% 344 0.35% 1.29% 134.8% 0.14% 181 0.90% 0.15% 143 100.1% 2015 2016 2017 9M18 2015 2016 2017 9M17 9M18 Net Loans NPL
Slide 15: Loan Portfolio Breakdown
Loan Portfolio Breakdown Loan Portfolio 2016 Loan Portfolio 2017 Government 4% Financial Government 4% Financial institutions 3% institutions 3% Agriculture 1% Agriculture 1% Others 10% Others 9% Consumer loans Consumer loans 9% Manufacturing 10% Manufacturing 17% 17% Services 10% Services 10% SAR 1
Slide 16: Funding Mix
Funding Mix Funding Mix (SAR Mn) Customer Deposit Breakdown (SAR Mn) 158,458 150,954 146,705 146,694 141,852 141,944 173,730 2% 42% 2% 161,268 34% 41% 47% 157,465 43% 49% 156,240 4% 3% 4% 2% 1% 4% 83.1% 79.7% 86.0% 82.6% 83.2% 1% 2% 1% 78.4% 4% 66% 58% 57% 59% 53% 51% 2015 2016 2017 1Q18 2Q18 3Q18 N
Slide 17: Capital Adequacy Ratio
Capital Adequacy Ratio 20.26% 19.39% 17.78% 2.17% 17.16% 1.87% 2.02% 2.20% 17.52% 18.09% 14.96% 15.76% 2015 2016 2017 3Q18 Tier 1 Capital Tier 2 Capital Comfortable capital position: Maintaining strong CAR at 20.26% - solid Tier-1 with solid internal capital generation capacity Cash dividend of
Slide 18: Thank You
Thank You 18
Slide 19: Investor relations contacts
Adel Mallawi Chief Financial Officer Farid Charane Head of Strategy and Financial Support Maxime Viriot - Abeer Alblali Investors Relations Officers 19